YEARLY HIGH
1.0164 CVE
YEARLY LOW
0.8340 CVE
YEARLY AVERAGE
0.9322 CVE

2017 PKR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PKR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 1.0164. Conversely, the yearly low was recorded on December 31, dropping to 0.8340.

This high-to-low spread represents a total annual volatility of 0.1824 CVE. From a start-to-finish perspective, comparing the January average rate of 0.9931 to the December average rate of 0.8601, the exchange rate registered a net change of -13.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.0164 was down 0.16% compared to the 2016 peak of 1.0180, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 508,184 CVE
2016 Average 475,895 CVE
Yearly Trough Low 416,990 CVE
Transaction Impact: A difference of 91,194.30 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.0065
0.8468
JanuMarcMayJulySeptNove

PKR to CVE Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.9759, compared to 0.8885 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0873 points.

H1 Avg (Jan–Jun) 0.9759
H2 Avg (Jul–Dec) 0.8885

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0568 CVE (High: 0.8908 / Low: 0.8340). On the other end, October was the most stable month, with a tight range of 0.0203 CVE (High: 0.9052 / Low: 0.8849).

December Spread (Volatile) ±0.0568
October Spread (Stable) ±0.0203

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0358 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0358

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.9931) against the same month in 2016 (average: 0.9674), the exchange rate shifted by +0.0258 (+2.66%).

2017 Avg (January) 0.9931
2016 Avg (January) 0.9674

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0164 0.9809 0.9931
February 1.0048 0.9773 0.9917
March 1.0049 0.9707 0.9883
April 0.9957 0.9647 0.9851
May 0.9742 0.9394 0.9555
June 0.9463 0.9245 0.9413
July 0.9323 0.8951 0.9124
August 0.8966 0.8697 0.8897
September 0.8920 0.8702 0.8804
October 0.9052 0.8849 0.8927
November 0.9079 0.8777 0.8959
December 0.8908 0.8340 0.8601